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Space

Lockheed Martin Subsidiary Announces ‘Refund Or Reflight’ Launch Program

Pat Host

Tuesday, March 11th, 2014

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Lockheed Martin Subsidiary Announces ‘Refund Or Reflight’ Launch Program

An Atlas V launches for an NROL mission. Photo: ULA

Lockheed Martin Commercial Launch Services, Inc. (LMCLS), a wholly-owned subsidiary of Lockheed Martin [LMT], has introduced what it calls the industry’s first–and only–100 percent space launch vehicle “refund or reflight” program, to protect customers in the event of a total launch vehicle malfunction, according to a company statement. The program also provides partial refunds for partial malfunctions and applies to all future LMCLS non-U.S. government contracts. “Our customers expect superior service and can't afford anything less than 100 percent mission…

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Army

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Army

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